re: #276 Florida Panhandler

The irony is that with the rise of EVs (already approaching 50% of the overall car market in China) the world is basically one oil crisis away from ditching gasoline en mass,.. and oil companies know it.

IMO the only reason why gasoline is not currently above $7/gallon from current world events is that raising oil prices will mean much more rapid adoption of EVs. Just think what happened in decades past as even one little blip in the Persian Gulf arena would send prices rocketing upwards. The oil industry plan now is to manage the calculus of keeping oil prices at this level for as long as they can all the while keeping their propaganda campaign against EVs ongoing.

6.5 year EV owner here. No regrets, it’s been great. However, I’m lucky enough to have a home where I could install my own Level 2 charger. I think that’s still a big drawback to EV ownership if you’re in an apartment or townhouse, or somewhere where you can’t conveniently charge at home.

Based on my last car’s mileage (30 MPG, give or take), electricity has been anywhere from 30% to 50% cheaper than gas, depending on gas prices and weather. That might worry Big Oil, but I’m skeptical that they would be worried enough to leave money on the table by keeping prices lower.